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1. High interests rate. 2. Too many bootcamps. We can close this topic.
by DataDaemon 1y ago
1. High interests rate.
2. Too many bootcamps.
We can close this topic.
- cpursley 1y agoDoubt the bootcamps made a measurable difference in the tech hiring market.
- Temporary_31337 1y agocomputer job market is a huge misallocation of skills and resources, so no it's not that simple. Given how much tech debt/backlog there is, there should be enough work for everyone, just paid less. The fact that it isn't so just shows that there are bottlenecks elsewhere - HR, companies stuck in office only mode (so there's a high floor on salaries). Currently all I see is a mix of very highly paid do it all types with rather lowly paid outsourced talent but no sensible middle and of course no way to realistically learn on the job - the bar to get in is very high.
- delfinom 1y agoInterest rates really aren't that high. Lowering them 3% just means you get a few more years before shit goes tits up. Fundamentals are the problem, if there's no new avenues for economic growth, then there is no way to pay down the debt.